Contrary to stereotypes, modern hackers are organized and professional, working regular hours and offices and collaborating through anonymous networks.

This is enabled them to extract more value from increasingly sophisticated large scale attacks, compromising 61 million records in 2014 alone and impacting the global economy by up to half a trillion dollars per year.

Yet most companies still take a reactive and proprietary approach to security, fencing off their networks and being reluctant to even disclose when a breach occurs.

Cyber crime is a worldwide threat affecting not just banks and governments, but nonprofits, activists and the general public.

To contain its impact, we all need to work together.

Tuck industry must enact higher security standards while governments should provide incentives.

Were organizations to share knowledge about attacks as individuals, we need to be much more selective about the information we share and how well we protect.

It, especially is the number of APS and connected devices continues to grow.

Combating organized cybercrime doesn't just make us safer.